04 12004 Account Number: FINANCIAL TRUST COMPANY INC April 01, 2004 - April 30, 2004 JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 JPMorgan Private Bank Asset Account Portfolio Page 52 of 82 Pound Sterling Activity by Date Settlement Date type continued Ouannty Description Realized amount Gainit on USD Amount USD Apr 21 Expired Opt - 5,000,000 GBP CALL USD PUT FX EUROPEAN STYLE OPTION OCT 18, 2004 12 1.81 KNOCK OUT 42 1.7695 BARRIER EXP 5/18/2004 EXPIRATION OF PURCHASED FX OPTION OPTION KNOCKED OUT Apr 26 FX Opt Asgn'D - 9,568,000 SPOT CURRENCY TRANSACTION 5,200,000 00 9,288,202 20 SETTLEMENT OF ASSIGNED FX OPTION BUY GBP SELL USD TRADE 4/22/04 VALUE 4/28/04 Apr 26 Spot FX 9,234,160 SPOT CURRENCY TRANSACTION - SALE - 5,200,000.00 - 9,234,160.00 BUY USD SELL GBP SPOT RATE : 1.775800000 TRADE 4/22/04 VALUE 4/26/04 U S DOLLAR POUND STERLING Apr 27 Spot FX 4,429,500 SPOT CURRENCY TRANSACTION -SALE - 2,500,000.00 - 4,429,500.00 BUY USD SELL GBP SPOT RATE : 1.771800000 TRADE 4/23/04 VALUE 4/27/04 U S DOLLAR POUND STERLING Apr 27 Spot FX - 4,426,250 SPOT CURRENCY TRANSACTION - BUY 2,500,000.00 4,426,250.00 BUY GBP SELL USD SPOT RATE : 1.770500000 TRADE 4/23104 VALUE 427/04 POUND STERLING U S DOLLAR Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPM-SDNY-00031939 SDNY_GM_00301137 EFTA01506950